TRIL - ALX Oncology Is A Promising CD47 Targeting Biotech With Massive Potential
- ALX Oncology enters into clinical trial collaboration agreement with Merck to use ALX148 in combination with Keytruda to treat patients with head and neck squamous cell carcinoma.
- It was shown that patients treated with the combination of ALX148 and Keytruda had achieved a 40% objective response rate.
- The global head and neck cancer market is expected to reach $4.5 billion by 2027.
- The CD47 blockade space is a sector that has been doing very well in treating cancer, but on the flip side, a lot of companies are targeting this space, like Gilead Sciences with Magrolimab and Trillium Therapeutics with TTI-621/TTI-622.
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ALX Oncology Is A Promising CD47 Targeting Biotech With Massive Potential